In most states, you pay taxes only on the actual lease payments, so leasing can put you even further ahead (see number 3 below). Plus, you typically don't have to bring cash to the table for a lease.
Q&A. The differences between an unadjusted trial balance and an adjusted trial balance are the amounts recorded as part of the adjusting entries. Adjusting entries include the accrual of revenues that were earned but were not yet recorded, and the accrual of expenses that were incurred but were not yet recorded.
A: There are many differences between a trial balance and a balance sheet. For example, a trial balance is an internal report that stays in the accounting department, while a balance sheet is a financial statement that is distributed to other departments and often outside the company to investors and lenders.